In a new piece for Employee Experience Magazine, Canary Head of Growth Catherine Scagnelli looks at Grant Circle data showing how close many young workers are to losing their housing. Nearly one in three Gen Z applicants (30.6%) had already received an eviction notice before they asked for help, compared with 7.4% of Baby Boomers. More than half (56.2%) said they couldn’t have covered the expense without the grant, and only 13.7% had a credit card to fall back on.
Her advice for HR leaders is to watch for early signs like missed shifts, hardship withdrawals, and pay advance requests. She also recommends making support confidential and easy to reach, because how fast help arrives matters as much as the dollar amount.
